To view the PDF file, sign up for a MySharenet subscription.

PLATFIELDS LIMITED - Provisional Liquidation and Renewal of Cautionary Announcement

Release Date: 04/12/2015 17:46
Code(s): PLL     PDF:  
Wrap Text
Provisional Liquidation and Renewal of Cautionary Announcement

PLATFIELDS LIMITED
Incorporated in the Republic of South Africa
(Registration number 2002/005851/06)
Share code: PLL ISIN: ZAE000151825
(“Platfields”, “the Group” or “the Company”)


Provisional Liquidation and Renewal of Cautionary Announcement


The directors of Platfields have been advised that an order for the provisional liquidation of
the Company was granted by the High Court of South Africa, Gauteng Local Division, Johannesburg
on 30 October 2015 with a return date for a final liquidation order on 14 December 2015.

The directors are currently investigating the circumstances surrounding the application as they were
not made aware of it. They will also be holding discussions with the Consortium, from whom an offer to
subscribe for shares had been received, in order to determine the way forward.

The Company’s shares remain suspended on the JSE. Shareholders are, however, advised to continue
to exercise caution when dealing in the Company’s securities until a further announcement is made.

Johannesburg
4 December 2015

Sponsor
Arbor Capital Sponsors Proprietary Limited

Date: 04/12/2015 05:46:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Share This Story